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Previous: DELTA FUNDING HOME EQUITY LOAN TRUST 2000-1, 8-K, 2000-09-26 |
Next: MONSANTO CO /NEW/, S-1/A, 2000-09-26 |
<TABLE>
<CAPTION>
Delta Funding Corporation
Mortgage Pass-Through Certificates
Record Date: 8/31/00
Distribution Date: 9/15/00
DFH Series: 2000-1
Contact: Customer Service - CTSLink
Wells Fargo Bank Minnesota, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 815-6600
Fax: (301) 846-8152
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1F 24763LGB0 SEN SE 7.38000% 48,486,955.60 298,194.78 1,600,538.81
A-2F 24763LGC8 SEN SE 7.58000% 22,700,000.00 143,388.33 0.00
A-3F 24763LGD6 SEN SE 7.69000% 30,300,000.00 194,172.50 0.00
A-4F 24763LGE4 SEN SE 7.94000% 15,300,000.00 101,235.00 0.00
A-5F 24763LGF1 SEN SE 8.09000% 14,900,000.00 100,450.83 0.00
A-6F 24763LGG9 SEN 7.87000% 10,000,000.00 65,583.33 0.00
IOF 24763LGH7 SEN IO 6.40000% 0.00 309,333.33 0.00
A-1A 24763LGJ3 SEN 6.87875% 62,637,325.49 371,023.93 707,570.22
M-1 24763LGK0 MEZ 8.09000% 16,500,000.00 111,237.50 0.00
M-2 24763LGL8 MEZ 8.09000% 11,375,000.00 76,686.46 0.00
B 24763LGM6 SUB 8.09000% 10,625,000.00 71,630.21 0.00
BIO DFH001BIO SUB IO 0.00000% 0.00 0.00 0.00
P DFH00001P PO 0.00000% 100.00 50,578.02 0.00
R-1 DFH0002R1 RES 0.00000% 0.00 0.00 0.00
R-2 DFH0002R2 RES 0.00000% 0.00 0.00 0.00
R-3 DFH0002R3 RES 0.00000% 0.00 0.00 0.00
Totals 242,824,381.09 1,893,514.22 2,308,109.03
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<S> <C> <C> <C> <C>
A-1F 0.00 46,886,416.79 1,898,733.59 0.00
A-2F 0.00 22,700,000.00 143,388.33 0.00
A-3F 0.00 30,300,000.00 194,172.50 0.00
A-4F 0.00 15,300,000.00 101,235.00 0.00
A-5F 0.00 14,900,000.00 100,450.83 0.00
A-6F 0.00 10,000,000.00 65,583.33 0.00
IOF 0.00 0.00 309,333.33 0.00
A-1A 0.00 61,929,755.27 1,078,594.15 0.00
M-1 0.00 16,500,000.00 111,237.50 0.00
M-2 0.00 11,375,000.00 76,686.46 0.00
B 0.00 10,625,000.00 71,630.21 0.00
BIO 0.00 0.00 0.00 0.00
P 0.00 100.00 50,578.02 0.00
R-1 0.00 0.00 0.00 0.00
R-2 0.00 0.00 0.00 0.00
R-3 0.00 0.00 0.00 0.00
Totals 0.00 240,516,272.06 4,201,623.25 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<S> <C> <C> <C> <C> <C> <C>
A-1F 53,300,000.00 48,486,955.60 161,306.72 1,439,232.09 0.00 0.00
A-2F 22,700,000.00 22,700,000.00 0.00 0.00 0.00 0.00
A-3F 30,300,000.00 30,300,000.00 0.00 0.00 0.00 0.00
A-4F 15,300,000.00 15,300,000.00 0.00 0.00 0.00 0.00
A-5F 14,900,000.00 14,900,000.00 0.00 0.00 0.00 0.00
A-6F 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00
IOF 0.00 0.00 0.00 0.00 0.00 0.00
A-1A 65,000,000.00 62,637,325.49 26,352.79 681,217.43 0.00 0.00
M-1 16,500,000.00 16,500,000.00 0.00 0.00 0.00 0.00
M-2 11,375,000.00 11,375,000.00 0.00 0.00 0.00 0.00
B 10,625,000.00 10,625,000.00 0.00 0.00 0.00 0.00
BIO 0.00 0.00 0.00 0.00 0.00 0.00
P 100.00 100.00 0.00 0.00 0.00 0.00
R-1 0.00 0.00 0.00 0.00 0.00 0.00
R-2 0.00 0.00 0.00 0.00 0.00 0.00
R-3 0.00 0.00 0.00 0.00 0.00 0.00
Totals 250,000,100.00 242,824,381.09 187,659.51 2,120,449.52 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C>
A-1F 1,600,538.81 46,886,416.79 0.87967011 1,600,538.81
A-2F 0.00 22,700,000.00 1.00000000 0.00
A-3F 0.00 30,300,000.00 1.00000000 0.00
A-4F 0.00 15,300,000.00 1.00000000 0.00
A-5F 0.00 14,900,000.00 1.00000000 0.00
A-6F 0.00 10,000,000.00 1.00000000 0.00
IOF 0.00 0.00 0.00000000 0.00
A-1A 707,570.22 61,929,755.27 0.95276547 707,570.22
M-1 0.00 16,500,000.00 1.00000000 0.00
M-2 0.00 11,375,000.00 1.00000000 0.00
B 0.00 10,625,000.00 1.00000000 0.00
BIO 0.00 0.00 0.00000000 0.00
P 0.00 100.00 1.00000000 0.00
R-1 0.00 0.00 0.00000000 0.00
R-2 0.00 0.00 0.00000000 0.00
R-3 0.00 0.00 0.00000000 0.00
Totals 2,308,109.03 240,516,272.06 0.96206470 2,308,109.03
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<S> <C> <C> <C> <C> <C>
A-1F 53,300,000.00 909.69897936 3.02639250 27.00247824 0.00000000
A-2F 22,700,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-3F 30,300,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-4F 15,300,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-5F 14,900,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-6F 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
IOF 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-1A 65,000,000.00 963.65116138 0.40542754 10.48026815 0.00000000
M-1 16,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-2 11,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B 10,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
BIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000
R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All classes are per 1,000 denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C> <C>
A-1F 0.00000000 30.02887073 879.67010863 0.87967011 30.02887073
A-2F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-3F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-4F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-5F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-6F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
IOF 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-1A 0.00000000 10.88569569 952.76546569 0.95276547 10.88569569
M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
BIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
A-1F 53,300,000.00 7.38000% 48,486,955.60 298,194.78 0.00 0.00
A-2F 22,700,000.00 7.58000% 22,700,000.00 143,388.33 0.00 0.00
A-3F 30,300,000.00 7.69000% 30,300,000.00 194,172.50 0.00 0.00
A-4F 15,300,000.00 7.94000% 15,300,000.00 101,235.00 0.00 0.00
A-5F 14,900,000.00 8.09000% 14,900,000.00 100,450.83 0.00 0.00
A-6F 10,000,000.00 7.87000% 10,000,000.00 65,583.33 0.00 0.00
IOF 0.00 6.40000% 58,000,000.00 309,333.33 0.00 0.00
A-1A 65,000,000.00 6.87875% 62,637,325.49 371,023.93 0.00 0.00
M-1 16,500,000.00 8.09000% 16,500,000.00 111,237.50 0.00 0.00
M-2 11,375,000.00 8.09000% 11,375,000.00 76,686.46 0.00 0.00
B 10,625,000.00 8.09000% 10,625,000.00 71,630.21 0.00 0.00
BIO 0.00 0.00000% 0.00 0.00 0.00 0.00
P 100.00 0.00000% 100.00 0.00 0.00 0.00
R-1 0.00 0.00000% 0.00 0.00 0.00 0.00
R-2 0.00 0.00000% 0.00 0.00 0.00 0.00
R-3 0.00 0.00000% 0.00 0.00 0.00 0.00
Totals 250,000,100.00 1,842,936.20 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A-1F 0.00 0.00 298,194.78 0.00 46,886,416.79
A-2F 0.00 0.00 143,388.33 0.00 22,700,000.00
A-3F 0.00 0.00 194,172.50 0.00 30,300,000.00
A-4F 0.00 0.00 101,235.00 0.00 15,300,000.00
A-5F 0.00 0.00 100,450.83 0.00 14,900,000.00
A-6F 0.00 0.00 65,583.33 0.00 10,000,000.00
IOF 0.00 0.00 309,333.33 0.00 54,500,000.00
A-1A 0.00 0.00 371,023.93 0.00 61,929,755.27
M-1 0.00 0.00 111,237.50 0.00 16,500,000.00
M-2 0.00 0.00 76,686.46 0.00 11,375,000.00
B 0.00 0.00 71,630.21 0.00 10,625,000.00
BIO 0.00 0.00 0.00 0.00 0.00
P 0.00 0.00 50,578.02 0.00 100.00
R-1 0.00 0.00 0.00 0.00 0.00
R-2 0.00 0.00 0.00 0.00 0.00
R-3 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 1,893,514.22 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
A-1F 53,300,000.00 7.38000% 909.69897936 5.59464878 0.00000000 0.00000000
A-2F 22,700,000.00 7.58000% 1000.00000000 6.31666652 0.00000000 0.00000000
A-3F 30,300,000.00 7.69000% 1000.00000000 6.40833333 0.00000000 0.00000000
A-4F 15,300,000.00 7.94000% 1000.00000000 6.61666667 0.00000000 0.00000000
A-5F 14,900,000.00 8.09000% 1000.00000000 6.74166644 0.00000000 0.00000000
A-6F 10,000,000.00 7.87000% 1000.00000000 6.55833300 0.00000000 0.00000000
IOF 0.00 6.40000% 950.81967213 5.07103820 0.00000000 0.00000000
A-1A 65,000,000.00 6.87875% 963.65116138 5.70806046 0.00000000 0.00000000
M-1 16,500,000.00 8.09000% 1000.00000000 6.74166667 0.00000000 0.00000000
M-2 11,375,000.00 8.09000% 1000.00000000 6.74166681 0.00000000 0.00000000
B 10,625,000.00 8.09000% 1000.00000000 6.74166682 0.00000000 0.00000000
BIO 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
R-3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(5) All classes are per 1,000 denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A-1F 0.00000000 0.00000000 5.59464878 0.00000000 879.67010863
A-2F 0.00000000 0.00000000 6.31666652 0.00000000 1000.00000000
A-3F 0.00000000 0.00000000 6.40833333 0.00000000 1000.00000000
A-4F 0.00000000 0.00000000 6.61666667 0.00000000 1000.00000000
A-5F 0.00000000 0.00000000 6.74166644 0.00000000 1000.00000000
A-6F 0.00000000 0.00000000 6.55833300 0.00000000 1000.00000000
IOF 0.00000000 0.00000000 5.07103820 0.00000000 893.44262295
A-1A 0.00000000 0.00000000 5.70806046 0.00000000 952.76546569
M-1 0.00000000 0.00000000 6.74166667 0.00000000 1000.00000000
M-2 0.00000000 0.00000000 6.74166681 0.00000000 1000.00000000
B 0.00000000 0.00000000 6.74166682 0.00000000 1000.00000000
BIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 505780.20000000 0.00000000 1000.00000000
R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<S> <C> <C> <C> <C> <C> <C>
OC 0.00000% 0.00 0.00 1,058,504.52 13,079.69 0,796,900.00000000%
FSA 0.08000% 204,324,281.09 202,016,172.06 0.00 0.00 95.51592060%
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 3,358,504.03
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 960,176.66
Realized Losses 0.00
Total Deposits 4,318,680.69
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 117,057.44
Payment of Interest and Principal 4,201,623.25
Total Withdrawals (Pool Distribution Amount) 4,318,680.69
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 3,262.95
Servicing Fee Support 3,262.95
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 101,617.83
Trustee Fee - Wells Fargo Bank, N.A.. 5,080.89
Supported Prepayment/Curtailment Interest Shortfall 3,262.95
Net Servicing Fee 103,435.77
</TABLE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Reserve Fund 10,000.00 0.00 0.00 10,000.00
Reserve Fund 10,000.00 0.00 0.00 10,000.00
</TABLE>
<TABLE>
<CAPTION> LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 176 17 0 0 193
12,392,559.75 1,289,924.05 0.00 0.00 13,682,483.80
60 Days 77 0 0 0 77
5,949,089.99 0.00 0.00 0.00 5,949,089.99
90 Days 26 0 1 0 27
1,596,316.61 0.00 71,648.21 0.00 1,667,964.82
120 Days 12 0 49 0 61
533,810.63 0.00 3,364,960.03 0.00 3,898,770.66
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 291 17 50 0 358
20,471,776.98 1,289,924.05 3,436,608.24 0.00 25,198,309.27
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 5.467537% 0.528114% 0.000000% 0.000000% 5.995651%
5.122667% 0.533211% 0.000000% 0.000000% 5.655878%
60 Days 2.392047% 0.000000% 0.000000% 0.000000% 2.392047%
2.459153% 0.000000% 0.000000% 0.000000% 2.459153%
90 Days 0.807704% 0.000000% 0.031066% 0.000000% 0.838770%
0.659863% 0.000000% 0.029617% 0.000000% 0.689480%
120 Days 0.372787% 0.000000% 1.522212% 0.000000% 1.894998%
0.220659% 0.000000% 1.390961% 0.000000% 1.611620%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 9.040075% 0.528114% 1.553277% 0.000000% 11.121466%
8.462343% 0.533211% 1.420578% 0.000000% 10.416132%
</TABLE>
<TABLE> Delinquency Status By Groups
<CAPTION>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 123 11 0 0 134
7,932,767.48 859,648.58 0.00 0.00 8,792,416.06
60 Days 53 0 0 0 53
4,055,915.07 0.00 0.00 0.00 4,055,915.07
90 Days 18 0 1 0 19
931,911.01 0.00 71,648.21 0.00 1,003,559.22
120 Days 5 0 31 0 36
204,046.26 0.00 2,039,151.23 0.00 2,243,197.49
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 199 11 32 0 242
13,124,639.82 859,648.58 2,110,799.44 0.00 16,095,087.84
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 5.040984% 0.450820% 0.000000% 0.000000% 5.491803%
4.424177% 0.479434% 0.000000% 0.000000% 4.903611%
60 Days 2.172131% 0.000000% 0.000000% 0.000000% 2.172131%
2.262021% 0.000000% 0.000000% 0.000000% 2.262021%
90 Days 0.737705% 0.000000% 0.040984% 0.000000% 0.778689%
0.519735% 0.000000% 0.039959% 0.000000% 0.559694%
120 Days 0.204918% 0.000000% 1.270492% 0.000000% 1.475410%
0.113798% 0.000000% 1.137253% 0.000000% 1.251052%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 8.155738% 0.450820% 1.311475% 0.000000% 9.918033%
7.319732% 0.479434% 1.177212% 0.000000% 8.976378%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 53 6 0 0 59
4,459,792.27 430,275.47 0.00 0.00 4,890,067.74
60 Days 24 0 0 0 24
1,893,174.92 0.00 0.00 0.00 1,893,174.92
90 Days 8 0 0 0 8
664,405.60 0.00 0.00 0.00 664,405.60
120 Days 7 0 18 0 25
329,764.37 0.00 1,325,808.80 0.00 1,655,573.17
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 92 6 18 0 116
7,347,137.16 430,275.47 1,325,808.80 0.00 9,103,221.43
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 6.803594% 0.770218% 0.000000% 0.000000% 7.573813%
7.122988% 0.687217% 0.000000% 0.000000% 7.810205%
60 Days 3.080873% 0.000000% 0.000000% 0.000000% 3.080873%
3.023697% 0.000000% 0.000000% 0.000000% 3.023697%
90 Days 1.026958% 0.000000% 0.000000% 0.000000% 1.026958%
1.061160% 0.000000% 0.000000% 0.000000% 1.061160%
120 Days 0.898588% 0.000000% 2.310655% 0.000000% 3.209243%
0.526685% 0.000000% 2.117525% 0.000000% 2.644210%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 11.810013% 0.770218% 2.310655% 0.000000% 14.890886%
11.734531% 0.687217% 2.117525% 0.000000% 14.539273%
<FN>
(7) Delinquencies are stratified according to the information the Servicer has
provided. The 120 day field includes loans 120 or more days delinquent.
All REO and Bankruptcy loans are reported in the 30 day delinquency field.
</FN>
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 12,866.85
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 960,176.66
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 10.887956%
Weighted Average Net Coupon 10.387957%
Weighted Average Pass-Through Rate 10.362956%
Weighted Average Maturity(Stepdown Calculation ) 354
Beginning Scheduled Collateral Loan Count 3,245
Number Of Loans Paid In Full 26
Ending Scheduled Collateral Loan Count 3,219
Beginning Scheduled Collateral Balance 243,882,785.61
Ending Scheduled Collateral Balance 241,824,240.89
Ending Actual Collateral Balance at 31-Aug-2000 241,916,191.73
Monthly P &I Constant 2,400,480.37
Ending Scheduled Balance for Premium Loans 241,824,240.89
Scheduled Principal 187,659.51
Unscheduled Principal 1,870,885.21
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 249,564.31
Overcollateralized reduction Amount 0.00
Specified O/C Amount 4,625,000.00
Overcollateralized Amount 1,307,968.83
Overcollateralized Deficiency Amount 3,566,595.48
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 249,564.31
Excess Cash Amount 249,564.31
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Interest Advance Recoveries 832,622.52
Servicing Advance Recoveries 27,765.36
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 Total
Collateral Description Mixed Fixed Mixed ARM
Weighted Average Coupon Rate 10.952149 10.703981
Weighted Average Net Rate 10.427149 10.178981
Weighted Average Maturity 354.00 354.00
Beginning Loan Count 2,459 786 3,245
Loans Paid In Full 19 7 26
Ending Loan Count 2,440 779 3,219
Beginning Scheduled Balance 180,798,198.07 63,084,587.54 243,882,785.61
Ending scheduled Balance 179,230,934.28 62,593,306.61 241,824,240.89
Record Date 8/31/00 8/31/00
Principal And Interest Constant 1,811,414.06 589,066.31 2,400,480.37
Scheduled Principal 161,306.72 26,352.79 187,659.51
Unscheduled Principal 1,405,957.07 464,928.14 1,870,885.21
Scheduled Interest 1,650,107.34 562,713.52 2,212,820.86
Servicing Fees 75,332.58 26,285.25 101,617.83
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 3,766.63 1,314.26 5,080.89
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread Fee 1 0.00 0.00 0.00
Spread Fee 2 0.00 0.00 0.00
Spread Fee 3 0.00 0.00 0.00
Net Interest 1,571,008.13 535,114.01 2,106,122.14
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 12,866.85 0.00 12,866.85
Percentage of Cumulative Losses 0.00 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Group Miscellaneous Reporting Items
1 Group F Curtailments 22,201.64
2 Group A Curtailments 1,532.45
</TABLE>
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